Positive Displacement Pumps Market – Developments in Water and Wastewater Industry to Propel Growth – Technavio

LONDON–(BUSINESS WIRE)–#Research—Technavio
market research analysts forecast the global
positive displacement pumps market to grow at a CAGR of around 5%
during the period 2018-2022, according to their latest report.

This market research report segments the global positive displacement
pumps market into the following products (rotary pumps and reciprocating
pumps), by end-users (oil and gas, water and wastewater, and chemical
and petrochemical), and key regions (the Americas, APAC, and EMEA).

This report is available at a USD 1,000 discount for a limited time
only: View
market snapshot before purchasing

Save more with Technavio. Buy 2 reports and get the
third for FREE: View
all Technavio’s current offers

In this report, Technavio analysts highlight the developments in the
water and wastewater industry as a key factor contributing to the growth
of the global positive displacement pumps market:

Developments in the water and wastewater
industry

The rapidly expanding global population is propelling the demand for
clean water for drinking and other purposes. Clean water is required for
domestic, commercial, and industrial uses and processes. The increasing
demand for clean water is driving investments in the upgradation and new
installation of water treatment facilities around the world. This, in
turn, is expected to create new opportunities for the growth of the
global positive
displacement pumps market. The demand for clean water has
continued to increase rapidly over the past several decades,
particularly in developing countries, where the rapid pace of
urbanization and economic growth is driving investments in new water
treatment infrastructure.

The emerging economies such as China, India, Indonesia, Saudi Arabia,
and other Asian and the Middle East countries are investing
significantly in water treatment infrastructure to support the growth of
the economy. The dwindling of freshwater resources because of land and
water pollution is forcing most countries to adopt technologies for
wastewater and effluent treatment.

According to a senior analyst at Technavio for tools
and components research, “Considerable investments in
the water and wastewater industry are expected in various developed
countries such as the US and those in Europe, where the upgradation of
aging water infrastructure is expected to generate demand for new
positive displacement pumps.”

Looking for more information on this market? Request
a free sample report

Technavio’s sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.

Global positive displacement pumps market –
geographical segmentation

APAC was the leading region for the global positive
displacement pumps market in 2017, accounting for a market share
of more than 43%. It was followed by EMEA and the Americas. The APAC
region is expected to witness significant growth during the forecast
period. On the contrary, the market share of EMEA will decrease to some
extent during this period.

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team
at [email protected].

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US:
+1 844 364 1100
UK: +44 203 893 3200
www.technavio.com